What is the difference between a Warranty Deed and a Quit Claim Deed?

30 Mar What is the difference between a Warranty Deed and a Quit Claim Deed?

A Warranty Deed is where the grantor (seller) guarantees that he or she holds clear title to a property and has the right to sell the property.  He also guarantee the clear title back to the property origins.

A Quit Claim deed is where the grantor (seller) is transferring his interest to someone (grantee).  He is relinquishing his right and claim to the property, allowing the claim to transfer to the grantee.